Apollo PipesNSE:APOLLOPIPE -1.16%79 Interest Coverage is 0.98 as of Mar. 2026, which is 85% below its 10-year median of 6.74. GuruFocus rates NSE:APOLLOPIPE with a GF Score™ of 79/100 and a GF Value™ of ₹525.38 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,351 Construction companies, Apollo Pipes ranks worse than 93.71% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Apollo Pipes's
Operating Income
for the
three
months ended in Mar. 2026 was ₹30 Mil. Apollo Pipes's Interest Expense for the
three
months ended in Mar. 2026 was ₹-30 Mil.
Apollo Pipes's interest coverage for the quarter that ended in Mar. 2026 was 0.98.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Apollo Pipes's Interest Coverage or its related term are showing as below:
NSE:APOLLOPIPE'
s Interest Coverage Range Over the Past 10 Years
Min: 0.92 Med: 6.74 Max: 15.92
Current: 0.92
NSE:APOLLOPIPE's Interest Coverage is ranked worse than 93.71% of 1351
companies
in the Construction industry
Industry Median: 7.81
vs NSE:APOLLOPIPE: 0.92
Apollo Pipes (NSE:APOLLOPIPE) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Apollo Pipes Interest Coverage Related Terms
Apollo Pipes Interest Coverage Historical Data
* Premium members only.
The historical data trend for Apollo Pipes's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
NSE:APOLLOPIPE vs TT, JCI, CARR: Interest Coverage Comparison
For the Building Products & Equipment subindustry, Apollo Pipes's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Apollo Pipes Interest Coverage vs Construction Industry
For the Construction industry and Industrials sector, Apollo Pipes's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Apollo Pipes's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Apollo Pipes (NSE:APOLLOPIPE) has a Interest Coverage of 0.98 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Apollo Pipes and its competitors. This is 85% below median its historical median of 6.74. Over the past decade, Apollo Pipes' Interest Coverage has ranged from 0.92 to 15.92. According to the industry distribution chart, Apollo Pipes ranks #1266 out of 1351 companies in the Construction industry, placing it in the top 93.7%.
Is Apollo Pipes' Interest Coverage too high?
Apollo Pipes' current Interest Coverage of 0.98 is 85% below median its 10-year median of 6.74. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 15.92. The Construction industry median Interest Coverage is 7.81. Apollo Pipes' value of 0.98 is 87.5% below this industry median. Based on the distribution chart, Apollo Pipes ranks #1266 out of 1351 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Apollo Pipes has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Apollo Pipes' Interest Coverage compare to TT and JCI?
According to the Construction industry distribution chart, Apollo Pipes ranks #1266 out of 1351 companies for Interest Coverage. This places Apollo Pipes in the lower half of its industry. The industry median Interest Coverage is 7.81. Apollo Pipes' value of 0.98 is 87.5% below this benchmark. Historically, Apollo Pipes' own Interest Coverage has ranged from 0.92 to 15.92 over the past decade. While the company's 10-year median is 6.74 vs. the industry median of 7.81, Apollo Pipes has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Construction company?
The median Interest Coverage among Construction companies is 7.81, based on 1,351 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Apollo Pipes's current Interest Coverage of 0.98 is 87.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Apollo Pipes and its competitors. For the Construction industry, the median Interest Coverage is 7.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apollo Pipes's current Interest Coverage is 0.98, which is 85% below median its own 10-year median of 6.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apollo Pipes stock overvalued right now?
Based on GuruFocus' analysis, Apollo Pipes (NSE:APOLLOPIPE) is currently considered Fairly Valued. The stock's GF Value™ is ₹525.38, compared to a current price of ₹481.70 — trading 8.3% below its estimated fair value. The current Interest Coverage is 0.98, which is 85% below median its 10-year median of 6.74 and 87.5% below the Construction industry median of 7.81. Apollo Pipes' overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Apollo Pipes (NSE:APOLLOPIPE), the current Interest Coverage is 0.98 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Apollo Pipes (NSE:APOLLOPIPE) Overvalued in 2026?
Based on GuruFocus' analysis, Apollo Pipes stock appears to be undervalued.
The current stock price of ₹481.70 is trading 8.3% below its estimated GF Value™ of ₹525.38.
GuruFocus considers Apollo Pipes to be Fairly Valued.
Key valuation signals for NSE:APOLLOPIPE:
Interest Coverage: 0.98 (85% below median its 10-year median of 6.74)
GF Value™: ₹525.38 vs. price of ₹481.70 (8.3% below fair value)
Industry Position: 87.5% below the Construction median (#1266 of 1351)
No single metric tells the full story. See the NSE:APOLLOPIPE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apollo Pipes Ltd is engaged in the business of manufacturing and trading a wide variety of PVC pipes and related products used for agriculture, building and construction, and industrial purposes. The product portfolio includes CPVC pipes and fittings, uPVC and fittings (Threaded and Non-Threaded), SWR pipes and fittings, Sewerage pipes, HDPE pipes and fittings, Sprinkler Systems, uPVC pressure pipes and fittings, uPVC column pipes, and Solvent cement, among others. The Key customer segments for the company include Agriculture, Water Management, Long Distance water conveyance, Construction, Oil and Gas, and Telecom Ducting.
79GF Score
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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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